Booz Allen to Slash Headcount as Government Cuts Hurt Outlook
The Booz Allen Hamilton Holding Corporation headquarters in Mclean, Virginia.
Photographer: Jason C. Andrew/BloombergBooz Allen Hamilton Holding Corp. will cut about 7% of its almost 36,000 employees this quarter in response to the Trump administration’s move to shrink government spending.
Most of the headcount reductions will take place in the civil business, Chief Financial Officer Matt Calderone said on an earnings call Friday.